Monday 26 September 2016

Thai franchise a hit for former O'Brien's sandwich boss Brody

Gordon Deegan

Published 21/05/2016 | 02:30

Brody Sweeney set up Camile after his O'Brien's Sandwich business went into liquidation in 2009
Brody Sweeney set up Camile after his O'Brien's Sandwich business went into liquidation in 2009

The rapidly expanding Thai food business established by businessman, Brody Sweeney enjoyed profits last year of over €172,000.

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Mr Sweeney set up Camile after his O'Brien's Sandwich business went into liquidation in 2009.

New accounts show that the Camile Thai Kitchen Ltd's accumulated profits rose from €479,087 to €651,703.

The profit in the 12 months to the end of December 2015 compared to a profit increase of €221,009 in 2014.

Camile specialises in home deliveries ordered online and is to shortly open new outlets in Limerick, Sligo, Stillorgan and Tallaght.

The company has outlets - all based in Dublin - at Dun Laoghaire, Pearse Street, Phibsborough, Rathfarmhan, Rathmines, Santry, South Circular Road and Sutton.

Investors seeking to enter franchise agreements with Camile face costs of between €200,000 to €250,000 in setting up new restaurants.

The accounts just lodged with the Companies Office show that the firm's cash pile rose from €69,482 during the year to €219,322.

Numbers employed by the business last year increased from 92 to 104 made up of 62 kitchen and floor staff; 40 managers and two marketing staff. Staff costs rose from €1.12m to €1.98m.

To fund the business's expansion, Mr Sweeney ploughed a further €110,033 into the business by way of additional loans.

At the end of December last, the firm owed Mr Sweeney €142,782.

Mr Sweeney sits on the board with Shabu Madaparambil and remuneration for the two last year increased from €143,383 to €209,971.

Irish Independent

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